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Russian Workforce Crisis - Joe Blogs
In this video I discuss the ongoing workforce crisis that is crippling Russian Industry. Russia's population is declining as a result of a long term low birth rate and high death rates however this situation has been made significantly worse by the War in Ukraine. A combination of mass emigration, military recruitment and the introduction of a Wartime Economy has led to a 'personnel famine' and companies are now also struggling with rising wages and high interest rates.
Chapters:
0:00 Intro
1:13 RUSSIAN POPULATION
2:10 UKRAINE WAR
3:27 MILITARY RECRUITMENT
4:46 WARTIME ECONOMY
6:56 SUMMARY & CONCLUSION